$145,000
228 W Church St, Adrian, MI 49221
This 2500 sq/ft +triplex is now available for the first time in 37 years! One 3 bed, one 1 bed and 1 efficiency ready for new investors. Updated bathroom, fresh exterior paint and a detached garage for all of your yard equipment and storage!
Khrystopher Gould Howard Hanna Real Estate Services-Adrian
$180,000
2920 Bent Oak Hwy, Adrian, MI 49221
CALLING ALL INVESTORS!! Just minutes from downtown—this duplex is a prime opportunity for both renters and savvy investors. Each unit features its own furnace, ensuring low maintenance and long-term energy efficiency. The left unit’s furnace is only 2 years old; the right unit's is 4 years old. Enjoy a spacious layout, modern finishes, and plenty of natural light throughout. Off-street parking
Mariam Boutros Summit Union Real Estate
$949,900
2550 Bent Oak Ave, Adrian, MI 49221
Rare opportunity to own a high-performing, income-generating multi-unit luxury property just minutes from Lake Adrian—a popular destination for fishing, kayaking, and year-round recreation. Sitting on 1.73 acres, this fully detached setup features two expansive homes, ideal for Airbnb, long-term tenants, or group rentals. The main house offers 7 bedrooms, 3.5 bathrooms, a chef’s kitchen, multiple
Laura Hayes Howard Hanna Real Estate Services-Tecumseh
$128,000
820 Mulberry St, Adrian, MI 49221
Welcome to 820 Mulberry St, Adrian, MI! This versatile duplex offers two units — a spacious 3-bedroom in the front and a cozy 1-bedroom in the back, complete with a small fenced yard. Each unit features laundry hookups and separate gas and electric meters for added convenience. Enjoy the large shared yard and storage shed, providing plenty of space for outdoor activities or extra belongings.
Kasey White Foundation Realty, LLC
Adrian, Michigan, is a small college town with a rich 19th-century history, located about 35 miles from Ann Arbor, Jackson, and Toledo, Ohio. The city’s downtown area features well-preserved brick buildings from its boomtown days, serving as a hub for shopping and dining with over two dozen locally owned businesses and restaurants. The Croswell Opera House, Michigan’s oldest theater, hosts various performances throughout the year. Adrian College and Siena Heights University contribute significantly to the local culture and economy. The city offers numerous things to do, including monthly First Fridays, the Adrian City Farmers Market, and the Lenawee County Fair. Recreational activities are abundant with 18 city parks, the Kiwanis Trail, and Lake Adrian. Golf enthusiasts can enjoy three public courses: The Hills of Lenawee Golf Club, Wolf Creek Golf Club, and Woodlawn Golf Club. The city is accessible via U.S. Route 223 and M-52, with commercial flights available from Toledo Express Airport (35 miles) and Detroit Metropolitan Airport (50 miles). Housing options range from late 19th-century homes to new traditional styles, with median prices significantly lower than the national average.
On average, homes in Adrian, MI sell after 50 days on the market compared to the national average of 53 days. The median sale price for homes in Adrian, MI over the last 12 months is $215,000, up 15% from the median home sale price over the previous 12 months.
In Adrian, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $128,000 to $949,900, there's a range to accomodate every budget. As of December, 2025 the median home price in Adrian is $225,000, while the average sale price is $228,716, offering insights into the local housing market. On average, multi-family homes spend 50 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Adrian, MI.
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